While AI is undoubtedly the hottest sector on Wall Street, we suggest that investors focus on a different type of AI stock than what has dominated the market over the past two years.
That is, ever since the AI Boom started in late 2022, a particular type of AI stock – what we like to call the ‘AI Builders’ – have been the biggest winners. These are the stocks involved in building the infrastructure necessary to support the Age of AI. Think things like AI chips, data centers, networking, and related equipment.
The ‘Builders’ dominated the first phase of the AI Boom. But now, it looks like we may be moving into this boom’s second phase, wherein the ‘AI Appliers’ will dominate.
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